Cost Control Analyst - Qualified Accountant

Job Title: Cost Control Analyst (Qualified Accountant)
Location: London (Hybrid - 4 days office, 1 day remote)
Salary: £65,000-£75,000 + excellent benefits
Job Type: Permanent | Full-time
Sector: Financial Services / Banking

Are you a qualified accountant with a strong background in cost control, financial analytics, and stakeholder management?

A leading global financial institution is seeking a Cost Control Analyst to join its UK Cost Control function in London. You'll play a critical role in the financial stewardship of the cost base, including reporting, analytics, and process optimisation - all within a robust financial control framework.

This role offers the opportunity to partner closely with business heads, tax teams, and global finance teams, supporting cost-saving initiatives and enhancing the transparency and control of expenses across the UK platform.

Key Responsibilities

• Prepare accurate and timely cost base reporting, including accruals, prepayments, IFRS 16 entries, and analytics.
• Partner with Tax to support VAT reporting and analysis.
• Identify opportunities to improve or automate reporting processes.
• Deliver meaningful MI and trend/variance analysis to influence business behaviour.
• Manage the Fixed Asset Register and cost allocations.
• Support and maintain effective controls, including Delegation of Authority processes.
• Work closely with global stakeholders, procurement, and finance teams.
• Contribute to annual planning and forecasting processes.
• Support resolution of escalated Accounts Payable issues in partnership with global teams.

Must-Have:

• Qualified Accountant (ACA, ACCA, CIMA or equivalent).
• Post-qualified experience in a financial control or cost-focused role.
• Strong financial reporting and cost analysis skills.
• High attention to detail with excellent analytical capability.
• Strong understanding of debits/credits and accounting principles.
• Clear and confident communicator, both written and verbal.
• Ability to work independently and manage stakeholders effectively.

Nice-to-Have:

• Experience with IFRS 16, VAT (Recoverable/Reverse Charge), and occupancy cost allocations.
• Background in audit or policy/procedure documentation.
• Budgeting/forecasting experience.
• Familiarity with Delegation of Authorities processes.
• VBA or Excel automation experience.
• Experience managing or mentoring a team.

Inventum Group is acting as an Employment Agency in relation to this vacancy.